Paramount threatens to quit California over blocked $108 bn merger

The Indian Opinion

Bonta calls it blackmail, but the real fight is about market power, not moving vans. The narrative that California is chasing away business ignores that 11 states with Democratic attorneys general also sued to block the deal. The merger would create a studio controlling both film distribution and cable programming. The test is March 2027: if Paramount wins the trial, the threat was a bluff. If it moves before then, the blackmail worked.